News linked to both this project and an event.
Odaily News – Hyperliquid's native token HYPE is approaching $73. Crypto trader Pentosh1 noted that its fee burn mechanism will expand after the AQAv2 upgrade, potentially supporting continued outperformance in the next bull cycle.Since November 2024, Hyperliquid has repurchased and burned 462 million HYPE, worth approximately $1.27 billion, with about 99% of protocol fees allocated to buybacks. The platform's annualized protocol revenue currently stands at roughly $600 million to $950 million.AQAv2, or Aligned Quote Asset v2, is scheduled to begin on August 26, channeling approximately 90% of the yield generated from the platform's over $5 billion in USDC reserves into the Assistance Fund, with the first payment expected to arrive on October 3.Market observers estimate that AQAv2 could add an additional $135 million to $160 million in annual buyback volume. Coinbase and Circle—designated as Hyperliquid's official USDC fund deployment partners in May—have both committed to staking a significant amount of HYPE to help launch the mechanism. (Bitcoin.com News)
Odaily News: The Hyperliquid Policy Center has released a research report titled "Perpetual Futures as Complements to Dated Futures," stating that perpetual futures can expand market risk management tools and improve price discovery efficiency, rather than squeezing out traditional dated futures markets.The report points out that the biggest difference between perpetual contracts and traditional futures is that they have no expiration date, meaning traders are not forced to roll over positions and can gain continuous exposure to asset prices through a single contract, making them better suited for around-the-clock trading. As perpetual futures enter the U.S. market for the first time, there has been concern over whether they would divert liquidity from traditional futures.The Hyperliquid Policy Center analyzed data from Bitcoin and on-chain WTI crude oil perpetual contracts, comparing perpetual contract prices during periods when traditional futures markets were closed against benchmark futures prices after markets reopened. The study covered 205 Bitcoin trading weekends and 19 weekends of on-chain crude oil perpetual contract samples.The research found that perpetual futures complement traditional futures in several ways:- Perpetual contracts can lower hedging costs by avoiding the additional expenses associated with rolling positions after traditional futures expire;- Perpetual contracts attract small-scale trading demand that traditional futures struggle to cover—for example, the median trade size for on-chain crude oil perpetuals is approximately $1,300, roughly 1/100th of traditional WTI futures;- Perpetual markets provide effective price discovery during periods when traditional markets are closed, with weekend prices typically being validated by benchmark market prices upon reopening;- During extreme market conditions, perpetual contracts help investors continuously manage risk—for instance, during the weekend of significant crude oil volatility in March 2026, using on-chain crude oil perpetuals for hedging could significantly reduce potential losses;- Data shows that after the launch of perpetual markets, no statistically significant negative impact was observed on traditional benchmark markets, with WTI futures spreads even narrowing after market reopening.
Odaily News: Bitcoin News stated on the X platform that, according to Reuters, Tether has abandoned two Bitcoin mining sites in Uruguay amid a dispute with the state-owned utility company UTE over the amount of electricity available to the mining sites. A former contractor estimated that Tether invested approximately $60 million in each mining site, totaling around $120 million. In 2023, Tether announced its expansion into Uruguay, calling the country a "perfect platform" thanks to its renewable energy and reliable power grid. The mining sites generated revenue in their early stages of operation, but subsequently struggled to secure sufficient electricity to maintain stable operations. The dispute escalated in 2025, with Tether's local entity ceasing electricity payments. UTE cut off power supply to the mines in July of that year, after which Tether halted operations and laid off most of its staff. The outstanding debts were settled in December. According to reports, Uruguay was originally planned as a test site for Tether's expansion of Bitcoin mining operations in South America. Tether stated that its global investments in energy production and Bitcoin mining have exceeded $2 billion.
Odaily News: "First, set 10 big goals" posted on Platform X, stating: "The market moved quickly today, so I didn't have time to open a post. Here's an update on my current short position.1. After the previous short trade ended, I re-entered a short position around 76,000. The logic is actually quite simple. When I opened a long position around 63,000, my initial target was 74,000. I believed the bull market had returned, and that assessment hasn't changed. However, I've always thought this round would be a volatile uptrend rather than moving straight to 84,000 or even 90,000 without any pullback. At least from a macro and market structure perspective, I haven't seen enough signals to support such a move yet. So I re-opened a short position around 76,000. After entering, the price quickly spiked to a high of 79,500. My planned stop-loss wasn't executed as expected (I set it in advance, but the system didn't fill it).2. I've already reduced the majority of my short position — not because I've changed my view, but to control risk first. If the price continues to surge from here, 82,000 or 84,000 are both possible, so there's no need to bet my entire position on being right. I'll keep watching with the remaining position. If the daily close holds above 80,500, then I'll admit I was wrong on this trade, close everything out, and take a break. If the price ultimately fails to hold and weakens again, I'll consider adding back the shorts I trimmed. As for chasing longs at this level, I have no interest — the risk-reward ratio has deteriorated.3. Finally, let me share my broader outlook. Last month when the price was around 63,000, I clearly stated that this was a阶段性底部. That assessment remains unchanged. I'm still bullish on BTC in the medium-to-long term, but being bullish medium-to-long term doesn't conflict with taking short positions locally. This short is betting on a pullback within an uptrend, not calling for a new bear market. If I'm wrong, I'll admit it above 80,500. If I'm right, I'll continue executing as planned. I still believe we'll see BTC at $100,000 by March next year."
According to reports, Bybit has recently launched a USDT mainnet trading ecosystem incentive program with a total prize pool of 100,000 USDT. During the campaign, users can participate in the reward distribution by trading designated USDT pairs. This initiative will further enrich USDT trading scenarios, boosting market liquidity and user engagement for related trading pairs including BTC and ETH.
QCP reported that Bitcoin's rise is linked to declining US long-term Treasury yields and a weakening US dollar, following the US Treasury's announcement to expand the scale of its long-term Treasury liquidity support repurchase agreements starting September 9. Markets will now focus on the US July PCE data on August 26, the Jackson Hole Global Central Bank Symposium from August 27 to 29, and the Federal Reserve's policy meeting on September 15–16. QCP believes that the key factor for the current cryptocurrency market is whether spot demand can sustain itself following initial position adjustments, particularly amid the backdrop of rising leverage.
Odaily News: Brian Armstrong, CEO of cryptocurrency exchange Coinbase, stated that crypto regulatory clarity will be advanced either through a Senate vote on September 15 or new federal regulatory rules on September 16, with both paths expected to move forward. The procedural vote on the CLARITY Act requires at least 60 votes of support.The digital asset market structure bill, the CLARITY Act, passed the U.S. House of Representatives on July 17, 2025, with 294 votes in favor and 134 against, but has since stalled in the Senate. Commodity Futures Trading Commission (CFTC) Chairman Mike Selig has instructed staff to establish a registration category for "crypto asset markets," which may apply to digital asset trading platforms.Armstrong also stated that Bitcoin's price could likely reach $300,000 to $400,000 by 2030. He cited increased institutional adoption, Bitcoin's fixed supply, and improved crypto regulatory clarity in the U.S. as contributing factors. (Bitcoin.com News)
Odaily News: Injective, a Layer 1 blockchain, has had its institutional services division register as a securities transfer agent with the U.S. Securities and Exchange Commission (SEC). Injective states that this marks the first time a Layer 1 blockchain has obtained this type of registration, enabling regulated ownership records, transfers, distributions, and shareholder management services for securities.The registration covers four types of tokenized assets already launched—institutional funds, publicly listed company stocks, private company shares, and corporate accounts receivable—and allows related processes to utilize distributed ledger infrastructure while remaining compliant with U.S. securities regulatory rules.Injective has launched markets tied to digital asset treasury companies, publicly listed stocks, and shares of private companies such as SpaceX and OpenAI, and has introduced its tokenized asset issuance platform, Injective Mint Alpha.In July, South Korea's largest trading firm, POSCO International, and LG CNS, a technology company under the LG Group, selected Injective for a trade finance pilot. The plan involves tokenizing accounts receivable arising from international trade and completing their transfer, management, and settlement. (Bitcoin.com News)
Odaily News According to on-chain analyst Ai Yi's monitoring, "Set 10 Big Goals First" has added another 1,000 BTC to its position, bringing the total position to $218 million, with a current floating loss of $877,000. The entity holds a 5x short position of 2,449.968 BTC, valued at $183 million, with an entry price of $74,746.1; it also holds a 7x short position of 15,000 ETH, valued at $35.21 million, with an entry price of $2,347.89.
According to Upbit's official announcement, the exchange will officially launch BTC and USDT trading pairs for four tokens BICO (Biconomy), BMT (Bubblemaps), NIL (Nillion), and GWEI (ETHGas) on August 21 at 13:00. Deposit services will open within two hours after the announcement.
According to a Grayscale research report, as AI-driven financial monitoring capabilities continue to expand, the demand for financial privacy is experiencing a third wave of renewed interest, potentially benefiting Zcash (ZEC). The report notes that Zcash’s zero-knowledge proof-based shielded transaction technology conceals the sender, recipient, and transaction amount, establishing a differentiated positioning compared to Bitcoin’s transparent on-chain records. Current on-chain data shows that shielded transactions now account for approximately 90% of Zcash’s total network transaction volume, while shielded supply has reached around 4.2 million ZEC, representing 25% of the circulating supply, with both figures hitting all-time highs. In terms of valuation, ZEC holds a market capitalization of approximately $8 billion, accounting for only 0.6% of the total market cap within Grayscale's "Cryptocurrency Monetary Sector". If its market share increases to 5%, the theoretical valuation space would be roughly nine times the current level. The report also cautions that Zcash faces multiple risks, including regulatory compliance, legacy issues from historical trusted setups, quantum computing threats, and protocol upgrade execution challenges, requiring investors to conduct prudent assessments.
Odaily News Bitcoin News posted on the X platform that Citi plans to offer bitcoin custody services to institutional clients through its Custody+ platform later this year. The service will bring bitcoin into the same custody framework as traditional assets such as stocks and bonds, allowing clients to access custody, settlement, foreign exchange, cash, and liquidity services through a single system. Bitcoin will be the first digital asset supported by Citi's new custody service, and Citi has not yet announced a specific launch date or its initial client list.Custody+ was launched by Citi Investor Services, with Citi's custody business covering over 100 markets and operating its own custody network in 62 markets. Citi stated that its goal is for the bank to self-custody native digital assets, rather than relying solely on external exchanges or other digital asset firms. The project has been in development for approximately two to three years, and Citi first disclosed related plans in 2025.Citi stated that Custody+ will provide real-time settlement, foreign exchange services, automated hedging, cash management, and liquidity tools. Its Single Event Processing system within the custody platform currently handles more than 80% of event volumes in real time; in the United States, the system reduces processing time for certain voluntary corporate actions by up to 92%, with 96% of related events completed within two hours. Chris Cox, Head of Citi Investor Services, said that Citi invests more than $2 billion annually in its Services platform.
Odaily News - Bitcoin extended its gains on Wednesday and climbed above $72,000 on Thursday, reaching its highest level since June 1.Market analysis suggests that the recent rally is primarily driven by easing pressure in the U.S. Treasury market. The White House's earlier signals of support for Treasury market stability alleviated investor concerns over bond market volatility. However, the longer-term trajectory still depends on changes in Federal Reserve liquidity policy.Analyst Pedro Fontes noted that if the world's largest debt market requires policy support to maintain stable operation, it would further strengthen demand for assets that are scarce, predictable, and not reliant on government debt expansion—characteristics that Bitcoin aligns with. Meanwhile, the U.S. dollar index fell 0.88% to 98.77 yesterday, hitting a fresh low since May.Strive Founder and CEO Matt Cole stated that the dollar index has been in a long-term "structural downtrend," and a weaker dollar could create a more favorable investment environment for assets like Bitcoin. Markets will continue to monitor the White House's further remarks on the bond market, shifts in geopolitical conditions, and U.S. initial jobless claims data today, as these factors could influence Treasury yields and market liquidity expectations. (CoinDesk)
据 TheEnergyMag 报道，前 Celsius Network 旗下比特币矿企 Ionic Digital（IOND）发布上市后首份财报：Q2 营收达 4,860 万美元，同比增长 31%，其中 AI 基础设施租赁贡献 4,380 万美元，占比 90%；比特币挖矿收入则从去年同期的 3,720 万美元骤降至 480 万美元。调整后 EBITDA 从380 万美元大幅跃升至 3,760 万美元。 公司同期录得净亏损 3,530 万美元，主要受 2,820 万美元加密资产公允价值非现金损失及 2,720 万美元所得税拨备拖累。截至 6月 30 日，公司持有现金 4.157 亿美元及 2,882枚 BTC（价值约 1.687 亿美元），无未偿债务。 Ionic 维持 2026 年全年营收 1.90 亿至 1.95 亿美元、调整后 EBITDA 1.375 亿至 1.425 亿美元的指引，并计划将德克萨斯州 Ward County 园区扩建至 700 兆瓦，扩建后将与 AI 基础设施商 Nscale 签订额外 89 兆瓦租赁协议，合同总价值约 19.5 亿美元，覆盖至 2037年 1
According to CryptoSlate, Nasdaq-listed company AIxCrypto Holdings announced plans to orderly sell all its crypto assets. As of June 30, the company held 46 BTC, 616 ETH, 6,659 SOL, 1,308 BNB, and small amounts of ADA, LINK, TRX, USDT, and XRP, with a total cost basis of $10.43 million, fair value of only $5.21 million, an unrealized loss of approximately $5.22 million, representing a drop of about 50% from cost. Meanwhile, the company's operating cash consumption in the first half of the year reached $7.94 million, with accumulated losses as high as $150.3 million, raising doubts about its ability to continue as a going concern. The company is shifting its business focus to its RoboShare robot rental platform and completed its first commercial order on August 15, deploying 6 robots at a Malibu event, but specific revenue and subsequent demand have not yet been disclosed.
Odaily News: BIP-110 supporters are discussing a hard fork to change the stalled minority chain's mining algorithm from SHA-256d to BLAKE2b. Transaction history before the fork remains shared by both chains. If transaction and signature rules remain consistent, the same transaction could be replayed on the other chain, creating a replay attack.BIP-110's peak miner support was approximately 2.53%. After the consensus rules took effect on August 8, the minority chain produced only two consecutive blocks before stalling, while the Bitcoin main chain continued operating and widening the block height gap. The BIP-110 proposal was subsequently marked as closed, and supporters shifted focus to discussing the BLAKE2b proof-of-work scheme.Bitcoin Knots plans to add a new signature hash option, but RDTS will still maintain compatibility with Bitcoin Core's existing signature hash types. Regular transactions may continue to be valid on both chains. Users will need to use the new option and rely on wallets or hardware signing firmware that support it to achieve asset separation.Luke Dashjr stated on August 18 that Bitcoin should bear the responsibility for replay protection, calling it "Spamcoin." If the BLAKE2b fork proceeds around September 1, exchanges, wallets, and holders will need to distinguish between cross-chain transactions and chain-specific transactions. (Bitcoin.com News)
According to Decrypt, Coinbase announced the official launch of perpetual futures trading in the Base App via Hyperliquid integration. Eligible users can access up to 50x leverage across over 290 perpetual contract markets, including BTC, ETH, tokenized stocks, and commodities. Coinbase Head of Engineering Chintan Turakhia noted that perpetual contracts constitute approximately 75% of current crypto trading volume and are the most requested feature among high-frequency Base App users.
Bitcoin.com partners with Universal to integrate the UAE Central Bank-registered USDU stablecoin into its self-custody wallet, with the token backed by 1:1 USD reserves and undergoing independent monthly audits.
Odaily News – Geoff Kendrick, Head of Digital Assets Research at Standard Chartered Bank, stated that Bitcoin (BTC) could rise to $100,000 by the end of 2026 as the U.S. Treasury expands liquidity support for the long-term bond market.In a recent client report, Kendrick noted that Bitcoin's current key technical resistance level is $65,500. If the price breaks through this level, it could signal that the cyclical low for this market cycle has already formed. He suggested investors begin positioning for a Bitcoin rally to $100,000 by year-end. Kendrick stated that beyond the four-year cycle pattern for Bitcoin, which suggests the market may be nearing a bottom, the U.S. Treasury's recent announcement to expand long-term bond buybacks is also a significant catalyst.The U.S. Treasury plans to raise the cap on buyback operations for 10- to 20-year and 20- to 30-year Treasury bonds from $2 billion to at least $4 billion per operation. The expanded program is scheduled to be implemented from September 9 to November 4. Following the announcement, yields on long-term U.S. Treasuries notably declined, easing the pressure that the significant sell-off in the bond market had placed on financial markets.Kendrick believes the Treasury's expanded bond buybacks represent a "favorable environment for Bitcoin," as Bitcoin has previously benefited multiple times from government liquidity interventions, while its fixed supply mechanism gives it properties that hedge against currency debasement. In the market, Bitcoin rose over 6% on Wednesday, briefly approaching $69,000, marking its highest level since early June. Kendrick has previously been repeatedly bullish on Bitcoin's long-term trajectory, arguing that as global fiscal pressures increase and monetary policy trends toward easing, Bitcoin may enter a new long-term upward cycle. (Cointelegraph)
According to updates from on-chain analyst Ai Yi, a Bitcoin short whale was just liquidated again for 230.4 BTC. The loss from this liquidation is approximately $292,000, with cumulative losses from three liquidations reaching $930,000. Currently, they still hold 921.6 BTC in short positions, the liquidation price is updated to $65,442.1, approximately $104.5 away from the current price.